Oil and Petrochemicals
Biodiesel Sales in Singapore Increased in August 2026
Biodiesel sales in Singapore reached 57,000 tons in August 2026, marking a 48 percent increase compared to the previous...
Oil and Petrochemicals
Oil and Petrochemicals
Saudi Arabia Faces 4% Global Oil Supply Risk
Saudi Arabia may face a shortage of export reserves in just a few days if the East-West pipeline is not reopened. The Ho...
Oil and Petrochemicals
Oil Prices Drop After Saudi Arabia's Move to Improve Supply
Oil prices fell on Thursday as Saudi Arabia took steps to ease supply constraints. However, ongoing tensions in the Midd...
Oil and Petrochemicals
Decrease in U.S. Crude Oil Reserves and Increase in Fuel Inventory
U.S. crude oil reserves decreased to 423.4 million barrels last week, while gasoline inventory increased to 207.7 millio...
Oil and Petrochemicals
U.S. Crude Oil Inventory Decreases to 423.4 Million Barrels
The U.S. crude oil inventory, excluding strategic reserves, has reached 423.4 million barrels as of September 11. This f...
Oil and Petrochemicals
India Responds to U.S. Tariff Threat on Russian Oil
The Ministry of External Affairs of India announced that despite U.S. threats, the country will continue to secure its e...
Oil and Petrochemicals
Decrease in LNG Demand in Asia Due to Rising Prices
LNG demand in Asia is expected to decline by 3 to 10 percent this year. This decrease marks the second annual drop in LN...
Oil and Petrochemicals
Saudi Arabia Increases Oil Exports Through Oman
Saudi Arabia is increasing its oil exports through Oman to ensure supply security. Crude oil prices have been affected b...
Oil and Petrochemicals
Mohsen Pak Nejad announced an increase in diesel production at refineries
The Minister of Oil announced the halt of diesel imports into the country and the increase in production of this product...
Oil and Petrochemicals
The Oil Minister Increased the Country's Diesel Production Capacity
The Oil Minister announced an increase in diesel production in the country and a change in the production balance of thi...
Oil and Petrochemicals
Brent Crude Oil Price Reaches $104.24
In today's oil trading market, the price of Brent crude oil reached $104.24 per barrel. Additionally, the price of West...
Oil and Petrochemicals
Oil Prices Drop Following Improvement in Middle Eastern Oil Flows
West Texas Intermediate (WTI) crude oil prices for October delivery fell by 0.5% to $101.91 per barrel. Brent crude for...